Master the New-Look
ABS/MBS Market

Every week, Asset-Backed Alert delivers the earliest word on money-making plays emerging from the evolving securitization business, including the worldwide markets for ABS, MBS and CLOs.

Selections from Recent Issues


College Ave Lands Education-Finance Vet

Marketplace education lender College Ave Student Loans has hired Sharon Asch Gold to head its capital-markets unit.

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Sprout Hires Akre for Non-QM Funding Push

In a move that could jumpstart its mortgage-bond issuing efforts, Sprout Mortgage has hired David Akre to head its capital-markets unit.

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Leadership Shakeup Hits BlackRock CLO Unit

In a matter of just a few weeks, both co-heads of BlackRock’s U.S. collateralized loan obligation-issuing unit have resigned from the firm.

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RBC Recruits Pair of CP Pros From BofA

RBC’s commercial-paper unit has picked up two high-profile professionals from Bank of America.

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New Front Opens in Non-Agency Market

A number of mortgage-bond issuers are working on non-agency deals backed entirely by conforming loans on single-family investment properties.

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Midweek Holiday Halts Secondary Trades

Secondary-market activity has stalled.

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Hedge Fund Taps Jefferies to Lead Rare CBO

Industry professionals are abuzz over a rare collateralized bond obligation that Jefferies is structuring on behalf of a small hedge fund operator.

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New Assignments for Morningstar Execs

Morningstar has promoted three senior members of its structured-finance staff, with two of them absorbing duties that formerly belonged to chief operating...

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Mortgage-Bond Manager Shutting Down

Structured Portfolio Management, a mortgage-bond shop that made a killing for its investors in the wake of the financial crisis, is unwinding.

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Citi Alumni to Finance Consumer Lenders

Former Citigroup bankers Ari Rosenberg and David Mandel are starting a business that would back consumer lenders, with securitization as part of their...

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Climate Change Inspires Issuing Proposal

Pacific Gas and Electric is proposing a new use for utility-fee securitizations.

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Credit Agricole Lands Starr for Leading Role

Beth Starr joined Credit Agricole’s New York office this week as a managing director in charge of the bank’s asset-backed bond syndicate...

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